News coverage about American Midstream (NYSE:AMID) has trended somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. American Midstream earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news headlines about the pipeline company an impact score of 46.3002778391264 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
Shares of American Midstream stock opened at $11.50 on Friday. American Midstream has a 52-week low of $9.65 and a 52-week high of $15.25. The company has a debt-to-equity ratio of 6.29, a current ratio of 1.12 and a quick ratio of 1.10.
American Midstream (NYSE:AMID) last issued its quarterly earnings results on Monday, March 12th. The pipeline company reported ($2.58) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($2.75). The firm had revenue of $167.58 million for the quarter. American Midstream had a negative return on equity of 42.80% and a negative net margin of 18.07%.
A number of brokerages have recently issued reports on AMID. UBS reiterated a “buy” rating and set a $16.00 price target (down from $17.00) on shares of American Midstream in a research note on Wednesday, March 14th. TheStreet lowered shares of American Midstream from a “c-” rating to a “d+” rating in a research note on Thursday, March 15th. Finally, ValuEngine lowered shares of American Midstream from a “sell” rating to a “strong sell” rating in a research note on Thursday, March 1st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $15.25.
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American Midstream Company Profile
American Midstream Partners, LP provides midstream infrastructure that links the producers of natural gas, crude oil, natural gas liquids (NGLs), condensate, and specialty chemicals to various intermediate and end-use markets in the United States. The company's Gathering and Processing segment includes midstream natural gas systems that provide natural gas, NGLs, and condensate gathering, compression, treating, processing, fractionating, transporting, and selling services to the producers of natural gas and crude oil.
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